Quisitive Technology Proposes Acquisition by H.I.G. Capital

Quisitive Technology Solutions ( (TSE:QUIS) ) has shared an update.

Quisitive Technology Solutions has announced the availability of its management information circular for an upcoming special meeting of shareholders to vote on a proposed acquisition by H.I.G. Capital. The board of Quisitive recommends shareholders vote in favor of the arrangement, which will allow H.I.G. Capital to acquire all outstanding Quisitive shares at a cash consideration of C$0.57 per share. This arrangement follows a comprehensive sale process and offers a significant premium to shareholders, providing immediate liquidity and value certainty.

More about Quisitive Technology Solutions

Quisitive Technology Solutions, Inc. operates in the technology sector, specializing in providing cloud solutions and services. The company focuses on delivering innovative digital transformation strategies and solutions to businesses, leveraging cloud technology to enhance operational efficiency and customer engagement.

YTD Price Performance: 0%

Average Trading Volume: 28,118

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $105.2M

See more data about QUIS stock on TipRanks’ Stock Analysis page.